Institute of Banking Personnel Selection

Institute of Banking Personnel Selection
Acronym	IBPS
Year started	1975

Institute of Banking Personnel Selection (IBPS)^[1] is an autonomous agency in India, which started its operation in 1975 as Personnel Selection Services (PSS).^[2] In 1984, IBPS became an independent entity at the behest of Reserve Bank of India (RBI) and Public Sector Banks. IBPS is envisioned as self-governed academic and research oriented Institute, with a mission of enhancing human-resource development through personnel assessment.

In 2011, IBPS announced a Common Written Examination (CWE) for the recruitment of officers and clerks in Indian banks. IBPS CWE is now mandatory for anyone who seeks an employment in 29 public sector and regional rural banks. IBPS periodically accepts exam applications from candidates at their website, and the exams are organized at various locations in the country in online mode. Aspirants have to go through an interview process after passing the online test. On the basis of the interview, candidates are placed in regional rural banks.

Governing Board

The Governing Board consists of nominees from Reserve Bank of India, Ministry of Finance Government of India, National Institute of Bank Management, representatives of Public Sector Banks, Insurance sector and academics. The matters related to policy and affairs of the Institute are vested in the Governing Board.^[3]

" State Bank of India

Recruitments through IBPS

Recruitment for PSBs follows a 2 or 3 tier scheme. IBPS RRB and SO recruitment are two phase processes, while IBPS PO and Clerk consist of three stages. The first phase is Common written examination, followed by Interview and the final placement.

Eligibility

As of 2014, the basic eligibility for appearing the IBPS recruitment is a university degree. There is an "age condition" which varies with the recruitment type and relaxation available to the candidates. Additionally, applicants to the Specialist cadre are required to have a professional qualification in Law, Accounting, Agriculture, IT or management sector. A certificate in computer operations or knowledge in computers has also been mandatory for posts other than the specialist officers.

Common Written Examination (CWE)

IBPS CWE is one among the most competitive examinations in India with a selection ratio of 1 out of 1000. Candidates receive the date and venue of the exam via a call letter, which will be available for download a few days after they register at the IBPS website. The exam uses negative marking for false answers.

As of 2015, the process has changed to a two-tier system. Tier I is an easier exam where a larger number of candidates are expected to pass, and tier II has a higher level of difficulty. Candidates who pass both stages of CWE will be called for the interview.

The exam syllabus covers topics such as reasoning, general awareness, English language, quantitative aptitude, computer knowledge and professional knowledge.

IBPS Specialist Officers

There are multiple positions under IBPS Specialist officers, some of them are I. T. Officers (Scale I), Agricultural Field Officers (Scale I), Rajbhasha Adhikari (Scale I), Law Officers (Scale I), HR / Personnel Officers (Scale I), and Marketing Officers (Scale I). Registration for the posts starts in November, while the exam is conducted in subsequent January and final result is declared in April. The exam is of 200 marks consisting of 200 questions and it has 50 questions of professional knowledge 75marks.^[4]

IBPS Probationary Officers

Selection Procedure are classified in 3 phases, Phase 1 preliminary Objective Test, Phase 2 mains Objective Test and Phase 3 interview. Preliminary exam conducts in October and mains exam conducts in October month or next month in November and interview conducts in January.

IBPS RRB (Regional Rural Bank)

There are multiple positions to be filled through IBPS RRB Exam such as Officer Scale-I , Scale-II & Scale-III.There are also specialist officer positions like I.T. Officer,Chartered Accountant, Law Officer,Agriculture Officer, Marketing Officer.In clerical cadre, Office Assistant positions are also being recruited.The date of examination for this recruitment will be announced on their official website.Last year, the RRB IV common examination was conducted.^[5]

Common Interview

In 2012, IBPS announced that the participating banks would no longer conduct separate interviews for successful candidates after the CWE. Instead, IBPS itself will arrange a common interview (CI) ^[6] for them at different locations and will prepare a final merit list which will be used to recruit them directly to the banking positions reported during the validity of their score card. IBPS Department kept CWE and Interview Ratio 80:20 those candidates qualified in Common written exam (CWE) they will be called for common Interview. In this session Interviewer examine your basic skills about banking and test knowledge about banking awareness. IBPS Exam Interview questions are based on Current Affairs , Indian Politics , Indian History , Agriculture , Sports , Awards , Indian culture etc.

Final Selection

IBPS forms a rank list once the exam and interview phases end. The same will be used to fill existing and upcoming vacancies in the participating banks for a period of one year from the date of announcement of the final results.

IBPS does not announce the final cut-off marks until the entire process of CWE and the interview is over. This often leaves candidates guessing the expected cut-off marks and not being able to know the exact cut-offs. The process of cut-offs is also then divided as per states. Which is based on fact that if a certain state has less number of vacancies, then the cut-off for that state is likely to go up and if a state has more number of vacancies, then the cut-off can be lower.

References

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